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Bybit Suspends Crypto Operations In France Amid Rising Regulatory Tensions - USData (OTC:USDC)

Summary by Benzinga
Popular cryptocurrency exchange Bybit announced Tuesday that it will discontinue its withdrawal and custody services in France owing to increasing regulatory pressures. What Happened: Bybit asked its French users to withdraw their funds before Jan. 8, 2025, at 8 a.m. UTC, to avoid any potential issues with account access or fund transfers. The exchange said it would transfer unclaimed assets exceeding 10 USD Coin (CRYPTO: USDC) to Coinhouse, a l…
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